GDP (current LCU), per capita in Nigeria
Nigeria: GDP (current LCU), per capita was 1.19 million current LCU per person in 2024. ◆ Volatile
GDP (current LCU), per capita in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
In 2024, gdp (current lcu), per capita in Nigeria stood at 1.19 million current LCU per person. That is the highest value across all 55 years on record.
The figure is up 15.9% on the previous year and up 146.0% over ten years.
Over the whole period, gdp (current lcu), per capita in Nigeria peaked at 1.19 million current LCU per person in 2024 and was at its lowest, 160.33 current LCU per person, in 1970.
That places Nigeria 42nd out of 211 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), per capita in Nigeria, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1970 | 160.33 current LCU per person | — |
| 1971 | 181.34 current LCU per person | +13.1% |
| 1972 | 188.3 current LCU per person | +3.8% |
| 1973 | 203.91 current LCU per person | +8.3% |
| 1974 | 317.84 current LCU per person | +55.9% |
| 1975 | 361.85 current LCU per person | +13.8% |
| 1976 | 438.44 current LCU per person | +21.2% |
| 1977 | 499.52 current LCU per person | +13.9% |
| 1978 | 520.05 current LCU per person | +4.1% |
| 1979 | 600.18 current LCU per person | +15.4% |
| 1980 | 681.49 current LCU per person | +13.5% |
| 1981 | 1,831 current LCU per person | +168.7% |
| 1982 | 1,902 current LCU per person | +3.8% |
| 1983 | 1,974 current LCU per person | +3.8% |
| 1984 | 2,010 current LCU per person | +1.8% |
| 1985 | 2,212 current LCU per person | +10.1% |
| 1986 | 2,271 current LCU per person | +2.7% |
| 1987 | 2,731 current LCU per person | +20.3% |
| 1988 | 3,430 current LCU per person | +25.6% |
| 1989 | 4,389 current LCU per person | +28.0% |
| 1990 | 5,093 current LCU per person | +16.1% |
| 1991 | 5,917 current LCU per person | +16.2% |
| 1992 | 8,850 current LCU per person | +49.6% |
| 1993 | 11,959 current LCU per person | +35.1% |
| 1994 | 16,387 current LCU per person | +37.0% |
| 1995 | 27,976 current LCU per person | +70.7% |
| 1996 | 35,920 current LCU per person | +28.4% |
| 1997 | 37,846 current LCU per person | +5.4% |
| 1998 | 40,094 current LCU per person | +5.9% |
| 1999 | 44,555 current LCU per person | +11.1% |
| 2000 | 55,884 current LCU per person | +25.4% |
| 2001 | 63,409 current LCU per person | +13.5% |
| 2002 | 86,172 current LCU per person | +35.9% |
| 2003 | 98,810 current LCU per person | +14.7% |
| 2004 | 128,488 current LCU per person | +30.0% |
| 2005 | 159,443 current LCU per person | +24.1% |
| 2006 | 203,755 current LCU per person | +27.8% |
| 2007 | 226,245 current LCU per person | +11.0% |
| 2008 | 253,525 current LCU per person | +12.1% |
| 2009 | 268,200 current LCU per person | +5.8% |
| 2010 | 327,720 current LCU per person | +22.2% |
| 2011 | 368,390 current LCU per person | +12.4% |
| 2012 | 410,619 current LCU per person | +11.5% |
| 2013 | 447,448 current LCU per person | +9.0% |
| 2014 | 484,876 current LCU per person | +8.4% |
| 2015 | 499,170 current LCU per person | +2.9% |
| 2016 | 524,831 current LCU per person | +5.1% |
| 2017 | 573,763 current LCU per person | +9.3% |
| 2018 | 629,880 current LCU per person | +9.8% |
| 2019 | 695,221 current LCU per person | +10.4% |
| 2020 | 720,817 current LCU per person | +3.7% |
| 2021 | 805,733 current LCU per person | +11.8% |
| 2022 | 906,852 current LCU per person | +12.5% |
| 2023 | 1.03 million current LCU per person | +13.4% |
| 2024 | 1.19 million current LCU per person | +15.9% |
Nigeria compared with similar countries
- Nigeria's 1.19 million current LCU per person is above the median for lower middle income countries, which is 228,150 current LCU per person, 5.2× the median. (47 countries reporting)
- Nigeria's 1.19 million current LCU per person is above the median for Sub-Saharan Africa, which is 591,280 current LCU per person, 2.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), per capita in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +168.7% | 681.49 current LCU per person | 1,831 current LCU per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 347.18 current LCU per person | 160.33 current LCU per person | 600.18 current LCU per person | 10 |
| 1980s | 2,343 current LCU per person | 681.49 current LCU per person | 4,389 current LCU per person | 10 |
| 1990s | 23,460 current LCU per person | 5,093 current LCU per person | 44,555 current LCU per person | 10 |
| 2000s | 154,393 current LCU per person | 55,884 current LCU per person | 268,200 current LCU per person | 10 |
| 2010s | 496,192 current LCU per person | 327,720 current LCU per person | 695,221 current LCU per person | 10 |
| 2020s | 930,942 current LCU per person | 720,817 current LCU per person | 1.19 million current LCU per person | 5 |
Countries ranked near Nigeria
- 39 Russia 1.40 million current LCU per person compare
- 40 Sri Lanka 1.36 million current LCU per person compare
- 41 Rwanda 1.32 million current LCU per person compare
- 43 Jamaica 1.10 million current LCU per person compare
- 44 Cameroon 1.07 million current LCU per person compare
- 45 Albania 1.06 million current LCU per person compare
More population data for Nigeria
- Population regions with projections, annual growth rate 0.0306 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.23 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.0306 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1509 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 377,460 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.22 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5063 % change on previous year (2100)
- World population growth 0.0% (2100)
- Population density 523.46 people per km² (2100)
- Number of children under 5, by world region 32.05 million people (2100)
Frequently asked questions
- What is gdp (current lcu), per capita in Nigeria?
- Gdp (current lcu), per capita in Nigeria was 1.19 million current LCU per person in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), per capita recorded in Nigeria?
- The highest recorded value was 1.19 million current LCU per person in 2024.
- What is the lowest gdp (current lcu), per capita recorded in Nigeria?
- The lowest recorded value was 160.33 current LCU per person in 1970.
- How does Nigeria rank for gdp (current lcu), per capita?
- Nigeria ranks 42nd out of 211 countries with data for 2024.
- Is gdp (current lcu), per capita rising or falling in Nigeria?
- Over the last ten years it is up 146.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current LCU) ÷ Population, total
Computed from
- GDP UNESCO Institute for Statistics
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.